UK's British Land rises as it expects higher half-year profit

British Land Public

15/10/2026 08:23

** Shares of commercial property firm British Land BLND.L up 2.4% at 417.6p 
** Co expects half-year underlying profit of £166 mln ($219.78 million), up from previous year's £155 mln
** BLND expects strong interim profit and rental income growth, driven by property demand and cost savings that offset higher interest costs and lower lease surrender premiums
** YTD, stock has risen ~3% 
     
($1 = 0.7553 pounds)

 (Reporting by Tuhina in Bengaluru)
 ((tuhina@thomsonreuters.com))